Coca-cola Bottlers Japan Holdings Inc. · TSE:2579
Coca-cola Bottlers Japan — Q1 2025 Earnings Presentation
23 slides from Coca-cola Bottlers Japan's earnings presentation, May 1, 2025
Slide 1: First Quarter 2025 Earnings Presentation
First Quarter 2025 Earnings Presentation May 1, 2025 Coca-Cola Bottlers Japan Holdings Inc. Calin Dragan, President Bjorn Ivar Ulgenes, Vice President & CFO (Posted to CCBJH website May 1, 2025)
Slide 2: First Quarter 2025 Earnings Presentation agenda
Coca-Cola Bottlers Japan Holdings Inc. (CCBJH) First Quarter 2025 Earnings Presentation Q1 2025 Results Marketing Update Outlook 2
Slide 3: Q1 2025 Results
Q1 2025 Results
Slide 4: Today's Highlights
Today’s Highlights Q1 business income grew 1.3 billion yen vs previous year. Progressing in line with full-year targets. Good profitability improvement trend continued with top-line growth and transformation benefits. Maintained flat volume from the previous year despite the price revision impact. R
Slide 5: Revenue and business income growth driven by price revisions
Q1 Results (vs 2024) Revenue and business income growth driven by price revisions. Continued earnings improvement trend Unit: Million JPY Q1 2025 Q1 2024 Change YoY Actual Actual YoY Revenue 189,760 186,528 +3,232 +1.7% Sales Volume (Million Cases) 104 104 -0 -0% NARTD (Non-alcoholic ready to drink)
Slide 6: Drivers of Business Income vs 2024
Q1 Drivers of Business Income (vs 2024) Top-line growth and transformation benefits driving profitability improvement, 1.3B yen increase in profit vs previous year Q1 2024 Volume, Price DME Commodity & Q1 2025 Transformation (Direct Marketing Manufacturing Others Actual & Mix*1 (ex. Utility Costs) U
Slide 7: Q1 NARTD Sales Trend (vs 2024)
Q1 NARTD Sales Trend (vs 2024) Volume remained flat vs previous year, outperforming overall market. Improvement in wholesale revenue per case accelerated Sales volume impacted by price revisions, but Ayataka’s continued good trend led to maintaining flat vs previous year. Wholesale revenue per case
Slide 8: Q1 Market Share and OTC Retail Price Trends
Q1 Market Share and OTC Retail Price Trends (vs 2024) Profitability-focused commercial activities drove value share growth and price premium continued Total channel value share maintained growth trajectory and grew 0.2 pts. VM value share continued to grow with solid market share foundation, contrib
Slide 9: Commercial strategies focused on maximizing profit
Topics Consistently implemented commercial strategies focused on maximizing profit Implement growth strategies suited Generate price revision benefits to channel characteristics • Wholesale revenue per case improved significantly following • Expanded sales space by strengthening proposals tailored t
Slide 10: Key transformation measures to strengthen foundations
Topics Key transformation measures to strengthen foundations started in each area Key initiatives for vending transformation progressing smoothly New initiatives started in the supply chain • Efforts to optimize profitability-focused assortment to • Improvement activities at manufacturing sites and
Slide 11: Marketing Update
Marketing Update
Slide 12: Q1 Marketing Initiative Review
Q1 Marketing Initiative Review Grew revenue and value share through strong campaigns and activations MARKETING CORE INNOVATIONS EXPERIENCE Coke & Chicken Kochakaden Glass Bottle Coke Yokocho “# CoChiLu” Unsweetened Earl Gray Iced Tea in Tokyo Georgia Core PET Renewal & New Campaign FANTA Retro Musca
Slide 13: Q2 Marketing Initiative Highlights
Q2 Marketing Initiative Highlights Further strengthen CORE through campaigns and innovations MARKETING CORE INNOVATIONS EXPERIENCE Coke & Chicken 2nd Wave “# CoChiLu” Minute Maid Glass Bottle Coke Yokocho Zero Sugar Lemonade in Osaka Yakan Barley Tea Core Renewal I LOHAS Osaka-Kansai Expo & New Camp
Slide 14: Outlook
Outlook
Slide 15: Outlook: strengthening the foundation for sustainable profit growth
Outlook While preparing for the peak demand period, accelerate the strengthening of the foundation for sustainable profit growth Strengthen foundation to maximize sales during peak demand period and October 1*1 Price Revision Overview *1 Shipment base growth after next year Implement price revisions
Slide 16: Leverage learnings from transformation, focus on vending
Topics Leverage learnings from transformation and explore various possibilities, with a focus on vending Track record of transformation Identify potential challenges and Leverage learnings growth opportunities to leveraging technology (Short, Medium, Long term) formulate strategies Business processe
Slide 17: Summary
Summary In Q1, business income grew with contributions from profitability improvement measures. Efforts to strengthen foundation for future growth are progressing smoothly. Price revisions as a key initiative have contributed significantly to profit generation as planned. Confident that our strategi
Slide 18: Thank You
THANK YOU Investor Relations Coca-Cola Bottlers Japan Holdings Inc. ir@ccbji.co.jp https://en.ccbj-holdings.com/ir/
Slide 19: Appendix
Appendix
Slide 20: Q1 NARTD Sales Volume by Package (vs 2024)
Q1 NARTD Sales Volume by Package (vs 2024) Package Volume 4% S-PET +2% 13% M-PET +27% L-PET -5% 6% 41% Can Flat 12% Bottle Can -5% 18% Syrup +2% 2% Powder -2% Note: Volume does not include alcohol. S-PET: 700ml or less / L-PET: 1.5L or more 20
Slide 21: Q1 ESG Initiatives
Q1 ESG Initiatives ------------------------------------------------------------------ Major Initiatives --------------------------------------------------------------- --------------Values-------------- Installed the world‘s first*hydrogen-powered vending machine beneath the Expo’s Grand Roof (Ring)
Slide 22: We bottle happy moments.
mn HIUDIS. We bottle happy moments.
Slide 23: Forward-looking Statements
Forward-looking Statements The plans, performance forecasts, and strategies appearing in this material are based on the assumptions and judgment of the management of Coca-Cola Bottlers Japan Holdings Inc. (CCBJH or Company) in view of data obtained as of the date this material was released. These fo
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